Data will be updated when it becomes available.
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Mgmt remained committed on multi-year capex of Rs120bn for the next four years (unveiled last year) and does not foresee much delay on execution.
Recommendation: Add; Target price: Rs2,330
The company said that the search was carried out by the Office of Additional Commissioner GST, Bhiwadi Zone, Rajasthan in a regulatory filing.
Recommendation: Add; Target price: Rs 2490
While the demand momentum for fluorochemicals will probably hold steady, the company continues to develop and launch new products within specialty chemicals.
The elevated pricing for refrigerants has seen corrections in domestic market as demand remained weak owing to lower intensity of summer heat.
Recommendation: Add; Target Price: Rs 2625
Investment to be made in the project increased to Rs 530 crore from Rs 425 crore.
SRF is progressing well with its large capex projects in the coming years, as also the long-term plans unveiled by MD Ashish Bharat Ram in September 2022 remaining intact amid challenges. Flows for new enquiries within Fluorospecialties are strong and continue to provide enough growth visibility.
Recommendation: Add; Target Price: 2530
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.